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Google to invest around $6 billion in Germany: Reuters
- On Tuesday, Alphabet earmarked 5.5 billion euros for Germany's data centre capacity, including a new site in Dietzenbach near Frankfurt, Reuters reported.
- Alphabet says regional projects aim to boost energy capacity, cloud infrastructure and workforce development to support rising AI and cloud service demand.
- Alphabet's strong quarterly results helped justify the investment, with third‑quarter revenue of $102.3 billion and Google's cloud division revenue rising 33% to $15.2 billion.
- Alphabet raised its 2025 capital expenditure forecast to between $91 billion and $93 billion to support AI development, while GOOGL stock gained over 52% year-to-date but traded lower at $288.72 on Tuesday.
- Other recent commitments include a $25 billion U.S. data-centre and AI infrastructure plan, including $3 billion for Pennsylvania hydropower, and a $6 billion 1-gigawatt data centre in Visakhapatnam, India.
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Google will in particular build a new data center in the city of Dietzenbach, which will be used to support the development of remote computing and artificial intelligence.
American technology company Google will invest 5.5 billion euros in its operations in Germany over the next four years, and the internet giant's largest investment program for Germany so far includes the construction of a new data center in the town of Dietzenbach.
·Belgrade, Serbia
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Google announced on Tuesday its "greatest investment plan to date" in the "digital future" of Germany, which relies on the US mastodons of technology to catch up in the race for artificial intelligence.
·Montreal, Canada
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Total News Sources116
Leaning Left12Leaning Right14Center15Last UpdatedBias Distribution37% Center
Bias Distribution
- 37% of the sources are Center
37% Center
L 29%
C 37%
R 34%
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